Explained: Why RBI has put restrictions on New India Co-operative Bank

Credit: Mid-Day- Published on February 14, 2025
Explained: Why RBI has put restrictions on New India Co-operative Bank
The RBI has imposed restrictions on New India Co-operative Bank, barring it from granting loans, making investments, or allowing withdrawals due to financial concerns. Depositors can claim up Rs 5 lakh under DICGC.

Video credit: Oneindia
Published on February 13, 2025 -  03:40
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The RBI has placed strict restrictions on New India Co-operative Bank, limiting withdrawals and other banking operations. Here’s what depositors need to know...
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